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Crypto Billionaire Changpeng Zhao's Purchase Of Token Sends It Soaring By 12%: Binance Founder Says He Buys And Holds, Doesn't Trade

Changpeng Zhao's recent purchase of 2 million ASTER tokens boosted its price by nearly 20%, reflecting strong market confidence in the hybrid decentralized exchange platform.

  • Binance founder Changpeng Zhao purchased approximately 2,000,000 ASTER tokens, sparking market activity as ASTER's price climbed nearly 20%, linked to the buy.
  • ASTER relaunched as a rebranded derivative platform in September 2025, merging older tokens like APX and offering hybrid decentralized exchange features including perpetuals and high leverage.
  • On-Chain records show the ASTER wallet accumulated large sums of USDT and became one of the largest on BNB Chain, with an 8 billion max supply and over half allocated to community incentives.
  • Market watchers say the rally reflects speculative demand and carries downside risk as CZ called the launch a `strong start`, while analysts warn high supply and competition threaten retreat.
  • Investors saw the buy as a confidence signal from CZ, and the relaunch plus wallet accumulation position ASTER as a notable participant on BNB Chain with wider market potential.
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Falling at $0.90, the price of the Aster cryptocurrency received unexpected support from Changpeng Zhao "CZ", co-founder of the CZ, who was the first to... The article In announcing that he bought ASTER chips, Changpeng "CZ" Zhao, co-founder of Binance, made the price of the altcoin jump first appeared on TipsCrypto.com.

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BizToc broke the news in on Sunday, November 2, 2025.
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